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Updated almost 2 years ago on . Most recent reply
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Avg Range for Tax Assessment % Increase (multi-family commercial properties)
Hi everyone,
I'm new to commercial multi-family and am trying to get a sense of the range in increase in Y1 property taxes on a multi-family property purchased. Is it between 10-25%, or could be as wide a 15-45%, or typically hovers around 30-35%, etc?
I realize areas are different, properties are different, but what would the general ballpark?
Thank you!